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8 2 points Skipped Which of the following is false pertaining to the voucher system? Multiple Choice Only authorized departments and Individuals are allowed

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8 2 points Skipped Which of the following is false pertaining to the voucher system? Multiple Choice Only authorized departments and Individuals are allowed to incur liabilities. Purchasing, receiving and paying for merchandise are divided among several departments (or Individuals). It is a set of procedures and approvals designed to control cash payments and the acceptance of liabilities. It is applied to all payments (except those using petty cash). It is not necessary if the supplier provides both receiving report and invoice with the merchandise shipped.

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